PONTEFRACT AND ACKWORTH ALMSHOUSE CHARITY Registered no 223334 COMMENTS ON THE ACCOUNTS FOR THE YEAR ENDING 31ST DECEMBER 2023
ALMSHOUSES
INCOME
The early part of the year was taken up with updating units at Robsons and Love Lane in readiness for new residents to move in. Whilst this led to a lower level of Maintenance Income, the higher level of contributions from new residents later in the year meant that contributions increased from £40,084 t0 £42,094 , a 5% increase on the full year and just short of Budget.
With all the Almshouses now occupied we should be able to see a further rise in Contributions in 2024.
PROPERTIES
Rents are slightly down on last year but Logic, with our agreement , reduced the rent sum in October by £50 to reimburse the tenants for the call out charge of that amount on damaged window opener which we had agreed to replace.
INVESTMENTS
Dividends on our Income Bearing Investments with CCLA increased to £33,458 from £32,958 in 2022 a rise of £500 and interest on COIF Deposit account increased from £186 to £700 as we man
aged our expenses on repairs etc mainly from cashflow. The CCLA investments recovered well in 2023 from £1,685,252 to £1,864,448 a rise of £179,196 [10.63%] and the main two investments we look for i.e Building Fund for land or property purchases and the Extra ordinary Repair Fund stand at £465,412 and £288,253 respectively.
EXPENDITURE
Repairs on almshouses @ £35,904 are well down on 2022 [where we spent some £170 approx.on Robsons renovations alone, mainly from sales of ERF units.] Of this £35,904
£5198 was on Gas Servicing and Repairs, £1500 on fencing between Ryder Close and the CISWO bungalows partly to mark a clear boundary between the two areas and also to protect the saplings donated by the Woodland Trust along that line. New kitchens were put in Love Lane and Micklegate units and Decorators moved in there to improve their appearance prior to new residents moving in. The Meeting Room was also decorated £1,344.
In Miscellaneous items of Expenditure we agreed to help Ian Wood, whose health and mobility is steadily declining by paying Age Uk to undertake cleaning [£1148] service and insure his scooter £316.
The usual events took place, Boat Trip on the Canal £579.14] and Snacks and Drinks in the Meeting Room [£126.82] to celebrate the Coronation plus a Magic Show in the Meeting Room £87.40 and the Christmas Lunch at King’s Croft [ £1617.80] all well-attended and thoroughly enjoyed.
OVERALL VIEW
Financially 2023 was a good recovery year with properties all in good condition and residents well cared for thanks mainly to Andrea and John with the full support of Trustees. The Year ended on a sad note with the death of Kebir Berry O.B.E. who was a very committed Trustee of the Almshouses and active supporter of many social organisations in the area. Following on from this was the deterioration in the health of Gary Moxon, who was to lose his gallant fight against cancer and died in January, despite the dedication of his Wife, Debbie. I know they were so grateful to the Trustees for accepting them as residents at 4 Thwaites and particularly for agreeing to move Debbie’s Mum, Mrs Ellis, to 3 Thwaites to help them through the trauma of last few months of Gary’s life. This was the Charity showing its real worth.
Ron Firth 20[th] Feb 2024
| PONTEFRACT and ACKWORTH ALMSHOUSE CHARITY REG. No. 223334 | PONTEFRACT and ACKWORTH ALMSHOUSE CHARITY REG. No. 223334 | PONTEFRACT and ACKWORTH ALMSHOUSE CHARITY REG. No. 223334 | PONTEFRACT and ACKWORTH ALMSHOUSE CHARITY REG. No. 223334 | PONTEFRACT and ACKWORTH ALMSHOUSE CHARITY REG. No. 223334 | ||
|---|---|---|---|---|---|---|
| BALANCE SHEET as at 3 | at 31st DECEMBER 2023 | |||||
| 2022 | LIABILITIES | 2023 | 2022 | ASSETS | 2023 | |
| 3,268,018 | Brought Forward | 2,878,539 | FIXED ASSETS[Revalued 1998] | |||
| **-56,930 ** | Surplus onyear[Defcit] | -2,970 | ALMSHOUSES | |||
| **100,000 ** | Robsons[4] | 100,000 | ||||
| **100,000 ** | Wards[4] | 100,000 | ||||
| **100,000 ** | Thwaites[4] | 100,000 | ||||
| **405,000 ** | Ryder Close[12] | 405,000 | ||||
| **-332,549 ** | Increase[Decrease] | 179,196 | **105,000 ** | Micklegate[3] | 105,000 | |
| COIF Investments | 232,749 | John Mercer[2] [inc Land] £54,000 | 232,749 | |||
| 1,042,749 | TOTAL ALMSHOUSES | 1,042,749 | ||||
| **44,800 ** | Meetng Room at Cost | 44,800 | ||||
| TENANTED PROPERTIES | ||||||
| **67,500 ** | Micklegate[3] | 67,500 | ||||
| 67,500 | TOTAL TENANTED | 67,500 | ||||
| 1,155,049 | TOTAL PROPERTIES | 1,155,049 | ||||
| ) | ||||||
| TOTAL LAND | 0 | |||||
| 1,155,049 | TOTAL FIXED ASSETS | 1,155,049 | ||||
| CURRENT ASSETS | ||||||
| 22,898 | Bank Current Account | 19,297 | ||||
| **27 ** | Bank Deposit Account | 27 | ||||
| 15,313 | 15,944 | |||||
| 38,238 | 35,268 | |||||
| C.O.I.F.INVESTMENTS | ||||||
| 263,474 | John Mercer Fund | 296,484 | ||||
| 697,200 | Endowment Fund[Income] | 762,340 | ||||
| **53,839 ** | Capital Replacement[Accum] | 60,958 | ||||
| **253,327 ** | Extra Ordinary Repair[Accum] | 288,253 | ||||
| **417,412 ** | Building Fund[Income] | 456,412 | ||||
| 1,685,252 | TOTAL INVESTMENTS | 1,864,448 | ||||
| **2,878,539 ** | Accumulated Funds | 3,054,765 | 1,723,490 | TOTAL CURRENT ASSETS | 1,899,716 |
2,878,539TOTAL LIABILITIES 3,054,765 2,878,539 TOTAL ASSETS 3,054,765
PONTEFRACT and ACKWO
CHARITY REGISTRATION NO 223334 PONTEFRACT and ACKWO Analysis of Repairs/Renovations/Maintenance for 2023 [including Gas
| £ | £ | |
|---|---|---|
| ALMSHOUSES | Repairs etc | Inc Gas |
| Ryders [12 Bungalows] | 9,318.38 | 2318.40 |
| Thwaites [4 Bungalows] | 2,877.30 | 856.80 |
| Wards [4 Bungalows] | 13,284.01 | 856.80 |
| Robsons [4 bungalows] | 4,370.80 | 856.80 |
| Micklegate [3 Bungalows] | 5,683.60 | 642.60 |
| John Mercer [2 Bungalows] | 370.00 | 315.00 |
| TOTALS | 35,904.09 | 5198.00 |
| PROPERTIES | ||
| Micklegate [3 Propertes] | 1,167.17 | InCl Gas £642.60 and |
| TOTALS | 1,167.17£ |
1,167.17 InCl Gas £642.60 and 1,167.17 £
MISCELLANEOUS
XMAS LUNCH
219.50 Morrisons, Asda, etc voucher 1,095.48 Kings Croft Inc £50 for 2024 c 599.59 Xmas drinks M/R £131.50 and K Xmas drinks M/R £131.50 and K 1148.80 Singer
Magazines 219.50 Morrisons, Asda, etc voucher Cameras 1,095.48 Kings Croft Inc £50 for 2024 c Interim Gas/Electric 599.59 Xmas drinks M/R £131.50 and K Xmas drinks M/R £131.50 and K Ian Wood Age Uk Cleaner 1148.80 Singer Ian Wood Scooter Service/Ins 316.00 Poppleton's ICO Subs 35.00 TOTAL EPC Heating Services 290.00 SUMMER OUTINGS AND EVEN Tree Surveys 570.00 Boat Trip Donation Fire Extinguisher Service 59.72 Coach Council Tax on empty prop L/L 266.12 Meals inc Fish/Chips £78.34 + New Printer for Andrea 179.99 Drinks in M/R Donations to Hospice re Floral visits 200.00 Coronation Celebration Andrea Computer Repair 26.00 TOTAL TOTALS 5,006.20
ORTH ALMSHOUSE CHARITY s servicing]
| s servicing] | |||
|---|---|---|---|
| £ | £ | ||
| Inc/Structure | TOTAL | ||
| inc new Fencing £1,50 | 9,318.38 | ||
| inc. £475 Locksmith cal | 2,877.30 | ||
| inc.£9699 New | 13,284.01 | ||
| 4,370.80 | |||
| 5,683.60 | |||
| 370.00 | |||
| 35,904.09 | |||
| Insurance £474.57 | 1,167.17 | ||
| 1,167.17 | |||
| M | MEETING ROOM | ||
| 480.00 | E EON | 751.50 | |
| 480.00 | FWater Chg | 28.57 | |
| 417.80 | NInsurance | 92.73 | |
| 100.00 | CHBH Decorators | 1344.00 | |
| 140.00 | TOTAL | 2216.80 | |
| **£1,617.80 ** |
NTS
50.00 320.00 162.34 £46.80 126.82 705.96
PONTEFRACT and ACKWORTH ALMSHOUSE C C.O.I.F. INVESTME
| 2022 | |||
|---|---|---|---|
| NO. OF UNITS | VALN. OF UNITS TOTAL VALUE | DIV.RECD | |
| PENCE | |||
| Endowment Fund [Income] | £ | ||
| 38414.7 | 1814.93 | 697,200 | 20,848 |
| 244.29 | 22,038.78 | 53,839 | |
| On 30th June 1.59 units were bought | @22,038.21p =£350 | ||
| Extra Ordinary Repair Fund | |||
| 1,149.46 | 22038.78 | 253,327 | |
| On 8th Sept 12.86 Units were bought | @ 23,322.75p =£3000 | ||
| on 25th August 427.53 units sold@23,389.94p =£99,999 | |||
| On 29th Dec 342-65 units sold @21,888.07p=£74,999.47 | |||
| 22,998.82 | 1814.93 | 417,412 | 12,110 |
| On 13th Jan 2022, 2746.51units bought @ 2002.54p | =£55,000 | ||
| 1,195.50 | 22,038.78 | 263,474 | |
| 1,685,252 | 32,958## | ||
| AS AT 31ST DECEMBER | 2022 |
HARITY REG. NO. 223334
ENTS
| NTS | |||
|---|---|---|---|
| 2023 | |||
| NO.OF UNITS | VALN.OF UNITS | TOTAL VALUE | DIVS. RECD. |
| £ | |||
| £ |
£ | ||
| 38414.7 | 19.845 | 762,340 | 20,928 |
| 245.8 | 248.03 | 60,958 | |
| On 29th June 1.51 | units were bought at 23,106.19p= £350 | ||
| 1,162.31 | 248.0030 | 288,253 | |
| On 7th Sept 12.85 | unitswere bought at 23,345.57pcostng | £3,000 | |
| 22,998.82 | 19.845 | 456,412 | 12,530 |
| 1,195.50 | 248.03 | 296,484 | 33,458 |
| 1,864,448 | 33,458 | ||
| AS AT 31ST DECEMBER 2023 |
| PONTEFRACT and ACKWORTH ALMS | HOUSE CHAR | ITY Reg No 223 | 334 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| INCOME and | EXPENDITUR | E for theyear e | nding 31st December 2023 | ||||||
| INCOME | 2023 | 2022 | EXPENDITURE | 2022 | Surplus/Defcit | 2023 | Surplus/Defcit | ||
| ALMSHOUSES | ALMSHOUSES | ||||||||
| Contributons to Maintenaince | 42,094.15 | 40,083.90 | |||||||
| Insurances | 2,649.36 | 3,025.49 | |||||||
| Repairs(Less Refunds) | 42,307.86 | 35,904.09 | |||||||
| Robsons renovatons incl VAT | 170,011.34 | ||||||||
| Gardener | 7,000.00 | 7,600.00 | |||||||
| TV Licences | 45.00 | 60.00 | |||||||
| Advertsing | |||||||||
| Total Almshouse Income | 42,094.15 | 40,083.90 | Xmas Treats(less refunds) | 1679.25 | 1,617.80 | ||||
| Carelink(less refunds) | 6106.88 | 6,109.32 | |||||||
| PROPERTIES | Floral Events cf repairs sheet | 258.50 | |||||||
| MeetngRoom | 439.63 | 2,216.80 | |||||||
| Rents | 10,489.60 | 10,481.60 | Miscellaneous(cf repair notes | 3523.17 | 5,006.20 | ||||
| Summer Treats | 453.68 | 579.14 | Boat Trip | ||||||
| 10,489.60 | 10,481.60 | Jubilee Celebratons | 756.38 | 126.82 | Coronaton | ||||
| OTHER INCOME | Floral Event See Repairs | 176.68 | |||||||
| Land Rents | 0 | Magician | 87.40 | ||||||
| Dividends COIF | 33,458.10 | 32,957.80 | TOTAL ALMSHOUSES | 235,407.73 | -195,323.83 | 62,333.06 | -20,238.91 | ||
| Bank Interest | 0.16 | 0.03 | PROPERTIES | ||||||
| COIF DepInterest | 700.06 | 186.67 | Repairs | 561.00 | 692.60 | ||||
| Sale of ERF units | 175,000.00 | Insurance | 403.32 | 474.57 | |||||
| NET SALE TO CARTER'S | 39,004.00 | TOTAL PROPERTIES | 964.32 | 9,517.28 | 1,167.17 | 9,322.43 | |||
| OTHER EXPENDITURE | |||||||||
| Clerk's Hon | 12,000.00 | 13,200.00 | |||||||
| TOTAL Other Income | 34,158.32 | 208,144.50 | Clerk's Expenses | 272.40 | 256.62 | ||||
| RepayCapital COIF | 350.00 | 350.00 | - | ||||||
| GRAND TOTALS | **86,742.07 ** | £ 258,710.00 | EmergencyRepFund COIF | 3,000.00 | 3,000.00 | ||||
| NAA Subs | 309.00 | 333.00 | |||||||
| Postage/Statonery | 61.50 | 23.00 | |||||||
| Audit Fee | 250.00 | 250.00 | |||||||
| Treasurer's Hon | 8,000.00 | 8,800.00 | |||||||
| Treasurer's Expenses | 25.00 | ||||||||
| Invest BuildingFund | 55,000.00 |
| TOTALS OTHER EXPEND | 79,267.99 | 26,212.62 | 7,945.70 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| TOTALS | 315,640.04 | 128,876.51 | 89,712.85 | ||||||
| Plus Surplus/Defcit | -56,930.04 | - 2,970.78 | -2,970.78 | ||||||
| GRAND TOTALS | 258,710.00 |
Independent Examlnerfs Reportto the Trustees I report on the Accounts of the Pontefrart and Ackworth Alrnshouses Charityes for the year ended 31 December 2023 which are set out on the attached p4es. Re5 ive res n5ibilsties of Twstee and Exarniner A5 the CharitV5 trustees you are responsible forthe preparation of the Accounts: and you consider that the audit requirement of Section 43121 of the CharTties Act 1993 Ithe Act) does not apply. It is my responsibility to state. on the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 43 Ibl of the ACL whether partitular matters have come to my attention. Basis of Inde endent Examinerfs Re My examination was carried out in accordance with the General Directions given by the Charity Cornmissioners. An examination includes a rewew of the accounting records kept by the Charity and a comparison of the Accounts presented with those fecords. It a150 includes consideration of any unusual items or disclosures in the Actounts and seeking explanations from you as Trustees concerning an¥ such matters. The procedures undertaken do not provide all the evidence that would be reqUId an audit and consequently I do not express an audit opinion on the view given by the Accounts. Inde endent Examinerfs Statent In connettion with my examination. no matter has come to my attention:_ which gives me reasonable cause to believe that in any material resirt the requirements to keep accounting records in accordance with Section 41 of the Act- and to prepare accounts which accord with the accounting records and to comply with accounting reqU1ment of the Act have not been met: or to which, in my opinion, attention should be drdwn order to enable a proper understandillg of the Accounts to be reached. J & D Accountancy Services 11 Northleigh East Hardwick Porbtefract West Yorkshire WF8 3DR Signed Date= 29th February 2024